Brian Roberts

A leading streaming platform is owned by two competing media companies. With a deal in place to transfer ownership, leading to a future transaction, things could become heated as a battle now takes place over the value of the platform and what’s next. What Happened: Streaming platform Hulu is...

If you’ve ever played Mario Kart and dreamed of collecting coins and throwing shells at other players in real life, it could soon be your lucky day. Here’s when the Super Nintendo World theme park area and Mario Kart ride are coming to the U.S. What Happened: Universal Studios, a...

Electronic Arts Inc. (NYSE: EA) shares traded higher by 1.5% on a down day in the market on Tuesday following unconfirmed media reports that EA has been aggressively pursuing a sale of the company. What Happened? On Friday, news outlet Puck reported that Comcast Corporation (NASDAQ: CMCSA) CEO...

Bill Gates and Microsoft Corporation (NASDAQ: MSFT) recognized the true potential of high-speed data and video services through a cable delivery network back in the 1990s. Microsoft announced it invested $1 billion in Comcast Corporation (NASDAQ: CMCSA) in 1997 to enhance the deployment of Comcast...

The IPO market saw record listings and capital raised in 2021. Several well-known big name companies joined the public markets in 2021, while other private companies delayed their listings or chose to raise private capital instead. Several carryovers from 2021 could go public in 2022m along with...

Roku Inc (NASDAQ: ROKU) shares shot up over 4.5% and ViacomCBS Inc (NASDAQ: VIAC) shares were up over 2.6% at the end of the regular session on Wednesday. What Happened: The movement in the stock prices was fueled by a report from The Wall Street Journal that Comcast Corporation (NASDAQ: CMCSA) CEO...

Business lore often celebrates the maverick who quit school because it just didn’t have much for them — Richard Branson, Mark Zuckerberg and Bill Gates are all among the pantheon of dropout success stories. But they’re the exception, not the rule. Most leaders got through school,...

Comcast Corporation (NASDAQ: CMCSA)-owned Universal Orlando Resort announced the development of its newest theme park Thursday: Universal’s Epic Universe. Although Universal is not yet releasing what lands will be in the new park due to competition, rumors are circulating that Universal...

Walt Disney Co (NYSE: DIS) already owns a majority stake in Hulu and is in talks with Comcast Corporation (NASDAQ: CMCSA) to buy its 30-percent stake, CNBC reported. What Happened Comcast's stake in  Hulu has been a "frustrating" experience and is exploring a sale of...

A media bidding war pitted Comcast Corporation (NASDAQ: CMCSA) against Walt Disney Co (NYSE: DIS), with the winner acquiring most of Twenty-First Century Fix Inc (NASDAQ: FOXA)'s assets. Disney ultimately emerged with a superior bid, but Comcast CEO Brian Roberts said the aftermath was the...

Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...

The CEOs of media companies continue to be the most highly paid regardless of stock price, according to a tweet from Rich Greenfield of BTIG, citing a comprehensive view of company filings. The compensation of Philippe Pierre Dauman, the president, CEO and chairman of Viacom, Inc. (NASDAQ: VIAB),...

Comcast Corporation (NASDAQ: CMCSA) announced Friday that it would be terminating its $45.2 billion bid to merge with Time Warner Cable Inc (NYSE: TWX). Brian Roberts, Comcast chairman and CEO, was on CNBC recently to discuss the reasoning behind this change. The Conclusion "Obviously, we...